LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, expanding employment, mitigating climate impacts and improving …
LISC and coalition partners will receive $2 billion from the National Clean Investment Fund; a spotlight on Community Connectors resident leaders; a new BDO partnership with the Asian American Chamber of Commerce; and the affordable housing Non-Profit Preservation Initiative concludes Year 1.
In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of financial leaders at HBCUs.